On August 11, Sezzle Inc rose 8.26% in regular trading, trading at $127.75/share, with turnover of $44.33 million.
The rebound follows a sharp single-day decline of over 30% on August 7, triggered by profit-taking after Q2 adjusted EPS came in at $1.17 — beating the $1.03 consensus estimate by 13.6% — but declining more than 20% sequentially from Q1's $1.47. Revenue of $149.7 million also surpassed the $135.1 million estimate, and full-year guidance was raised to $5.25 adjusted EPS from $5.10 previously.
Following the sell-off, B. Riley significantly raised its price target from $141 to $196 while maintaining a Buy rating, and Needham also lifted its target. The current analyst mean price target stands at $168, implying notable upside from current levels. Sustained dip-buying activity following the oversold condition has supported the ongoing recovery.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)